Mahindra & Mahindra: News
Mahindra & Mahindra is an Indian automobile company headquartered in Mumbai, Maharashtra. Founded as Muhammad & Mahindra in 1945 as a steel trading company, it forms a part of the Mahindra Group. It later started producing jeeps in 1954 as well as light commercial vehicles and tractors in 1965. The company has many subsidiaries under its wing, including Pininfarina, Ssangyong Motors, and Peugeot Motorcycles. Its current models in India include SUVs like Thar, XUV, Scorpio, and Bolero, electric vehicles like eVerito, trucks like BLAZO, FURIO, and JAYO, as well as CRUZIO buses. It also has a Mahindra Two Wheelers division, which owns Peugeot Motorcycles.
Indian families are increasingly buying 7-seater SUVs, MPVs: Here's why
India's automobile market is witnessing a major shift as families increasingly opt for vehicles with more seating capacity.
Auto sales in May: How did Maruti, Mahindra, Hero fare?
India's automobile industry witnessed a mixed bag of results last month.
Mahindra reports strong Q4 results, revenue soars 25% to ₹31,350cr
Mahindra & Mahindra Ltd. (M&M), a leading manufacturer and distributor of passenger vehicles, commercial vehicles, and tractors, has released its March quarter financial results today.
SML Isuzu's shares down 10% today: Here we decode why
SML Isuzu Ltd's shares have plummeted by 10% today. It is now trading at ₹1,596.10 per stock on the National Stock Exchange (NSE).
Auto stocks decline amid potential EV import rules favoring Tesla
Shares of leading Indian automakers Tata Motors, Mahindra and Mahindra (M&M), and Hyundai Motor India plummeted on February 21.
1% growth in FY25: Why is Indian car market struggling
The Indian passenger vehicle (PV) market has recorded its slowest growth since the pandemic, with a mere 1% YTD growth in FY25, as per data from the Society of Indian Automobile Manufacturers (SIAM).
First Mahindra Thar Roxx auctioned for a whopping ₹1.31 crore
The first-ever unit of the Mahindra Thar Roxx (VIN No: 001), has been sold at an auction for a whopping ₹1.31 crore.
Is Mahindra buying a stake in Volkswagen India?
Mahindra & Mahindra (M&M) has expressed its intention to broaden its collaboration with Volkswagen Group in India.
Hindenburg calls out SEBI chief for silence on serious allegations
Hindenburg Research, a US-based short seller, has accused Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch of not responding to allegations of conflict of interest.
Mahindra plans to manufacture EV batteries in India
Mahindra & Mahindra is considering the local production of electric vehicle (EV) batteries, as revealed by the company's CEO, Anish Shah.
Mahindra & Mahindra's stock jumps 8% to all-time high
Mahindra & Mahindra (M&M) shares saw a significant surge on Friday, rallying up to 7.7% to hit a new high of ₹2,554.75.
Amazon's Head of India Originals, Aparna Purohit, resigns
Aparna Purohit, the key figure behind Amazon Prime Video's Originals division in India and Southeast Asia, has resigned from her position.
M&M Finance reports 10% drop in Q4 FY24 net profit
Mahindra & Mahindra Financial Services (M&M Finance), a prominent non-banking financial company, has reported a 10% year-on-year (YoY) decrease in its net profit for the fourth quarter of FY24.
M&M shares reach record high following XUV 3XO launch
Mahindra & Mahindra (M&M) shares experienced a significant surge today, rising over 4% to reach an all-time high of ₹2,152 per share.
Sensex climbs to 72,050 points, Nifty settles above 21,900 mark
On Thursday, the benchmark Sensex and Nifty indices showed an upward trend.
Mahindra's Q3 net profit jumps 61% YoY to Rs. 2,454cr
Mahindra and Mahindra (M&M) saw a 61% YoY increase in standalone net profit for the quarter ended December 31, reaching at Rs. 2,454 crore.
M&M's Q2 net profit rises 67% YoY to Rs. 3,452cr
Homegrown automaker Mahindra & Mahindra (M&M) posted a whopping 66.9% increase in standalone net profit, reaching Rs. 3,451.88 crore during the second quarter of the current fiscal year.
M&M Financial Services reports 48% net profit drop for Q2
Mahindra & Mahindra's financial division experienced a significant drop in net profit, with a 47.6% decrease to Rs. 235 crore during the second quarter of the current fiscal year.
Keshub Mahindra, India's oldest billionaire, dies at 99
Keshub Mahindra, the Chairman Emeritus of Mahindra & Mahindra and India's oldest billionaire, died on Wednesday at the age of 99.
Mahindra Thar (5-door) SUV to debut in January 2023
Homegrown automaker Mahindra will unveil the five-door version of its Thar SUV in India next month. It will be launched in the second half of 2023.
Toyota Innova Hycross v/s Mahindra Scorpio-N: Which one to buy?
Toyota has finally unveiled its Innova Hycross MPV in the Indian market.
Mahindra Scorpio Classic launched at Rs. 12 lakh: Check features
Homegrown automaker Mahindra has finally launched its Scorpio Classic SUV in India. It is available in two variants, S and S11, and its price starts at Rs. 11.99 lakh.
Mahindra XUV400 EV to debut on September 6: Check features
Mahindra is gearing up to launch the XUV400 in India on September 6. The EV has been spotted doing test runs in a camouflaged avatar in recent months.
Mahindra showcases 5 concept electric cars in India: Check features
Mahindra has revealed five concept electric cars. While the XUV.e sub-brand has two models under it - XUV.e8 and XUV.e9, the BE sub-brand gets three vehicles, namely BE.05, BE.07, and BE.09.
2022 Mahindra Scorpio Classic spotted undisguised before launch: Check design
The 2022 Mahindra Scorpio Classic has been spotted at a dealership without any camouflage, revealing its design details.
Over 1 lakh units of Mahindra Scorpio-N booked in India
Mahindra started accepting bookings for its Scorpio-N SUV in India on Saturday. The car bagged over one lakh orders in just 30 minutes.
Mahindra Scorpio-N bookings open tomorrow in India: Should you buy?
Mahindra will start accepting bookings for the all-new Scorpio-N on July 30 from 11 am onwards in India.
2022 Mahindra eXUV400 spotted testing ahead of launch: Check design
Mahindra is testing its eXUV400 in India and the upcoming EV has been spotted on the roads albeit in a heavily camouflaged avatar.
Mahindra XUV700 recalled again; third time this month
Mahindra has issued a recall order for the XUV700 in India over an issue with its alternator belt, auto-tensioner pulley, and Electronic Steering Column Lock (ESCL). This is the third recall for the vehicle this month.
Mahindra XUV700 receives 1.5 lakh bookings in record time
Mahindra has bagged over 1.5 lakh bookings in a record time of nine months for the XUV700.
Mahindra XUV700 diesel AWD variants recalled over 'critical' issue
Mahindra has issued a recall for the XUV700's diesel AWD variants in India. It is under the 'critical service action' category for the brand.
Mahindra eXUV400 to debut in September: Check features, expected price
Mahindra has confirmed that it will reveal its all-new eXUV400 in India in September. The fully-electric SUV was initially christened eXUV300 and first showcased at the Auto Expo in 2020.
Mahindra's new EV subsidiary raises Rs. 1,925 crore
Homegrown automaker Mahindra & Mahindra has raised Rs. 1,925 crore ($250 million) from British International Investment (BII) for its yet-to-be-incorporated EV subsidiary referred to as "EV Co." for now.
Mahindra Scorpio-N v/s Tata Safari: Which one should you buy?
Homegrown automaker Mahindra had launched the Scorpio-N SUV in India earlier this week.
2022 Mahindra Scorpio-N review: Should you buy it?
The Scorpio brand name is almost as famous as Mahindra itself and that is due to the longevity of this SUV along with the loyalty that it enjoys.
Mahindra Scorpio-N variants explained: Which one offers best value?
Mahindra has launched the Scorpio-N in India at an introductory price tag of Rs. 11.99 lakh. It is offered in five variants: Z2, Z4, Z6, Z8, and Z8L.
Mahindra Scorpio-N launched at Rs. 12 lakh: Check features, specifications
Mahindra has launched the 2022 Scorpio-N in India at an introductory price tag of Rs. 11.99 lakh. The bookings will start from July 30 onward.
Mahindra Scorpio-N India launch tomorrow: Check features and specifications
Mahindra is all set to launch the highly awaited Scorpio-N SUV in India tomorrow i.e. June 27.
SsangYong Torres, with Jeep-inspired grille and ADAS functions, breaks cover
SsangYong has revealed the all-new Torres for the South Korean market. The SUV offers rugged looks and carries a starting price tag of KRW 26,900,000 (approximately Rs. 16.27 lakh).
Mahindra Scorpio-N's interiors revealed: Sony audio, built-in Alexa, leather seats
Mahindra is gearing up to launch the new-generation Scorpio-N in India on June 27.
Latest leak reveals features of 2022 Mahindra Scorpio-N SUV
Mahindra is prepping up for the launch of the 2022 Scorpio-N, scheduled for June 27 in India. It will be sold alongside the current-generation model, now renamed 'Scorpio Classic.'
Mahindra cars available with discounts of up to Rs. 70,000
Mahindra has announced massive discounts of up to Rs. 70,000 on its range of MUVs and SUVs in India for the month of June.
Mahindra XUV300 Sportz to debut in India soon: Check features
Mahindra will launch the Sportz edition of its XUV300 car in India in the coming months. It will be offered in four variants: W4, W6, W8, and W8(O).